Basicsemi 09971Expected Lots

Basicsemi (09971) Expected Lots
Offering Mechanism: 18C | Min Subscription: HK$6,324  |  Public Offering Lots: Pool A 3,423lots / Pool B 3,424lots  |  Offer Price: HK$31.62  |  Lot Size: 200shares  |  Public Offering Size: HK$173.2M
1x23094.0x
Recent first-day return
+4.6%
→
Participants
21,225
→
Avg lots
64.0
→
Oversubscription
199x
199x = 21,225 × 64.0 ÷ 6,847 margin-weighted 100% → 4319.9x
Margin dynamics · 2026-07-03 11:21 Margin multiple3348.75x Margin funds1450.0100M TradeGo forecast multiple4319.89x
Rank Broker Margin funds
1 富途证券富途 921.6100M
2 辉立证券辉立 218.0100M
3 老虎国际老虎 138.2100M
4 华泰国际华泰 49.5100M
5 盈立证券盈立 34.3100M
6 华盛证券华盛 21.5100M
7 致富证券致富 19.5100M
8 复星国际复星 19.3100M
9 长桥证券长桥 9.0100M
Margin multiple
TimeMultiple
2026-06-29T06:00:00+08:000
2026-06-29T10:10:15+08:000.005311778290993071
2026-06-29T10:10:27+08:000.03510392609699769
2026-06-29T10:10:33+08:000.712933025404157
2026-06-29T11:01:46+08:001.0260969976905312
2026-06-29T11:04:51+08:002.523094688221709
2026-06-29T11:05:51+08:002.8727482678983836
2026-06-29T11:06:34+08:002.8903002309468824
2026-06-29T11:07:17+08:006.054272517321016
2026-06-29T11:41:58+08:006.400692840646651
2026-06-29T12:14:46+08:007.8799076212471135
2026-06-29T12:15:40+08:009.421709006928406
2026-06-29T12:16:29+08:0010.24364896073903
2026-06-29T12:17:43+08:0010.320323325635105
2026-06-29T12:18:20+08:0010.372517321016167
2026-06-29T12:19:08+08:0016.654272517321015
2026-06-29T13:41:16+08:0016.704157043879906
2026-06-29T13:41:57+08:0017.389838337182447
2026-06-29T13:42:40+08:0017.887759815242493
2026-06-29T13:44:02+08:0018.227713625866052
2026-06-29T13:44:44+08:0018.64041570438799
2026-06-29T13:45:41+08:0023.675057736720554
2026-06-29T13:46:05+08:0023.906004618937644
2026-06-29T14:01:43+08:0023.968591224018475
2026-06-29T14:05:18+08:0024.157274826789838
2026-06-29T14:05:45+08:0024.586143187066973
2026-06-29T14:06:10+08:0025.12217090069284
2026-06-29T14:07:05+08:0026.14688221709007
2026-06-29T14:08:32+08:0032.26697459584295
2026-06-29T14:11:03+08:0033.045496535796765
2026-06-29T15:00:31+08:0033.1284064665127
2026-06-29T15:01:40+08:0033.61154734411085
2026-06-29T15:04:26+08:0035.150346420323324
2026-06-29T15:05:02+08:0035.801847575057735
2026-06-29T15:05:40+08:0038.68937644341801
2026-06-29T15:07:04+08:0048.43533487297921
2026-06-29T16:01:41+08:0056.663741339491914
2026-06-29T16:02:28+08:0058.04942263279446
2026-06-29T16:03:08+08:0058.44688221709007
2026-06-29T16:04:54+08:0061.23025404157044
2026-06-29T16:05:33+08:0061.75334872979215
2026-06-29T16:09:15+08:0061.875981524249426
2026-06-29T16:11:56+08:0076.05612009237875
2026-06-29T17:08:14+08:0076.77090069284064
2026-06-29T17:08:45+08:0078.90600461893764
2026-06-29T17:09:19+08:0080.16836027713626
2026-06-29T17:10:01+08:0082.84549653579677
2026-06-29T17:11:24+08:0084.06720554272518
2026-06-29T17:12:20+08:00109.0094688221709
2026-06-29T17:59:51+08:00110.62609699769052
2026-06-29T18:01:22+08:00117.09260969976906
2026-06-29T18:02:45+08:00117.24295612009237
2026-06-29T18:03:49+08:00117.6284064665127
2026-06-29T18:04:39+08:00120.18660508083141
2026-06-29T18:06:33+08:00120.65727482678984
2026-06-29T18:08:03+08:00121.15334872979214
2026-06-29T18:08:45+08:00136.78845265588916
2026-06-29T18:11:47+08:00142.36096997690532
2026-06-29T20:28:02+08:00147.81154734411086
2026-06-29T20:28:51+08:00148.5958429561201
2026-06-29T20:30:59+08:00149.33002309468822
2026-06-29T20:38:06+08:00153.11963048498845
2026-06-29T20:41:41+08:00172.1958429561201
2026-06-29T21:09:13+08:00172.40877598152426
2026-06-29T22:08:20+08:00177.69953810623556
2026-06-29T22:09:09+08:00178.7810623556582
2026-06-29T22:09:52+08:00200.95196304849884
2026-06-30T09:07:28+08:00201.37875288683603
2026-06-30T09:11:31+08:00202.88752886836028
2026-06-30T09:11:34+08:00211.21154734411084
2026-06-30T09:11:38+08:00213.9498845265589
2026-06-30T09:12:11+08:00261.4325635103926
2026-06-30T09:12:15+08:00263.47482678983835
2026-06-30T09:12:18+08:00278.9251732101617
2026-06-30T09:16:03+08:00280.3515011547344
2026-06-30T09:18:04+08:00280.3515011547344
2026-06-30T09:18:53+08:00282.66096997690533
2026-06-30T10:26:16+08:00282.6484988452656
2026-06-30T10:26:27+08:00282.95219399538104
2026-06-30T10:26:39+08:00286.2551963048499
2026-06-30T10:26:45+08:00286.8041570438799
2026-06-30T10:26:51+08:00290.5011547344111
2026-06-30T10:27:03+08:00310.6166281755196
2026-06-30T11:15:46+08:00310.65450346420323
2026-06-30T11:15:51+08:00311.3651270207852
2026-06-30T11:16:05+08:00312.1247113163972
2026-06-30T11:16:12+08:00317.8872979214781
2026-06-30T11:16:18+08:00319.1833718244804
2026-06-30T11:16:32+08:00338.259584295612
2026-06-30T12:14:12+08:00338.456351039261
2026-06-30T12:17:02+08:00339.5558891454965
2026-06-30T12:19:00+08:00341.6986143187067
2026-06-30T12:21:42+08:00342.6233256351039
2026-06-30T12:23:46+08:00342.9515011547344
2026-06-30T12:27:11+08:00360.13394919168593
2026-06-30T14:03:41+08:00360.1956120092379
2026-06-30T14:03:43+08:00360.284064665127
2026-06-30T14:07:55+08:00360.54434180138566
2026-06-30T14:07:57+08:00361.0461893764434
2026-06-30T14:10:41+08:00361.9635103926097
2026-06-30T14:10:43+08:00362.078752886836
2026-06-30T14:12:56+08:00363.76397228637416
2026-06-30T14:12:58+08:00366.9406466512702
2026-06-30T14:17:17+08:00367.4838337182448
2026-06-30T14:17:19+08:00367.89630484988453
2026-06-30T14:20:37+08:00382.30739030023096
2026-06-30T14:20:40+08:00394.1549653579677
2026-06-30T14:28:36+08:00407.8260969976905
2026-06-30T15:03:51+08:00407.9420323325635
2026-06-30T15:06:00+08:00410.0362586605081
2026-06-30T15:08:51+08:00410.79676674364896
2026-06-30T15:10:40+08:00423.2448036951501
2026-06-30T15:11:39+08:00423.6103926096998
2026-06-30T15:17:21+08:00424.06997690531176
2026-06-30T16:28:51+08:00444.1849884526559
2026-06-30T16:31:27+08:00444.9969976905312
2026-06-30T16:32:49+08:00448.6833718244804
2026-06-30T16:37:26+08:00448.98337182448034
2026-06-30T16:39:52+08:00449.54249422632796
2026-06-30T16:41:18+08:00464.92355658198613
2026-06-30T16:41:59+08:00467.48706697459585
2026-06-30T17:06:42+08:00468.4822170900693
2026-06-30T17:08:23+08:00468.95450346420324
2026-06-30T17:10:02+08:00469.5688221709007
2026-06-30T17:11:27+08:00471.0635103926097
2026-06-30T17:14:37+08:00472.8586605080831
2026-06-30T17:17:27+08:00482.9972286374134
2026-06-30T17:49:33+08:00495.0064665127021
2026-06-30T18:03:57+08:00499.5801385681293
2026-06-30T18:12:04+08:00500.515935334873
2026-06-30T18:17:04+08:00500.7122401847575
2026-06-30T18:18:54+08:00501.1397228637413
2026-06-30T18:20:48+08:00504.8662817551963
2026-06-30T18:24:19+08:00505.124480369515
2026-06-30T18:25:23+08:00511.4524249422633
2026-06-30T18:26:55+08:00512.4916859122402
2026-06-30T20:08:32+08:00512.8346420323326
2026-06-30T20:12:35+08:00513.3163972286375
2026-06-30T20:14:52+08:00513.3993071593534
2026-06-30T20:17:01+08:00515.8002309468823
2026-06-30T20:18:52+08:00528.9642032332564
2026-06-30T21:59:53+08:00529.2260969976905
2026-06-30T22:06:41+08:00530.0427251732102
2026-06-30T22:08:26+08:00533.5937644341801
2026-06-30T22:10:24+08:00550.5452655889145
2026-07-01T08:43:59+08:00552.6122401847575
2026-07-01T08:44:02+08:00562.7348729792147
2026-07-01T08:57:16+08:00608.1621247113164
2026-07-01T09:00:55+08:00608.1621247113164
2026-07-01T09:05:52+08:00611.5806004618937
2026-07-01T09:10:21+08:00613.3157043879908
2026-07-01T09:12:44+08:00614.2163972286374
2026-07-01T09:14:13+08:00620.7290993071593
2026-07-01T09:18:35+08:00622.1623556581986
2026-07-01T09:19:38+08:00625.3956120092379
2026-07-01T09:22:14+08:00630.8314087759816
2026-07-01T10:18:03+08:00631.2043879907621
2026-07-01T10:20:16+08:00633.3609699769053
2026-07-01T10:22:04+08:00636.5891454965358
2026-07-01T10:24:42+08:00636.9210161662818
2026-07-01T10:26:08+08:00649.1842956120092
2026-07-01T10:28:46+08:00649.5168591224018
2026-07-01T11:07:19+08:00649.6344110854503
2026-07-01T11:08:53+08:00650.0900692840646
2026-07-01T11:10:24+08:00651.3454965357968
2026-07-01T11:13:14+08:00651.7110854503464
2026-07-01T11:16:25+08:00652.0503464203233
2026-07-01T11:19:52+08:00662.2120092378752
2026-07-01T12:10:52+08:00662.1618937644341
2026-07-01T12:13:40+08:00664.6346420323325
2026-07-01T12:16:27+08:00664.8581986143187
2026-07-01T12:17:55+08:00664.8806004618938
2026-07-01T12:19:54+08:00665.3466512702079
2026-07-01T12:21:36+08:00678.5799076212471
2026-07-01T14:10:36+08:00678.613856812933
2026-07-01T14:10:38+08:00678.6780600461893
2026-07-01T14:13:10+08:00678.7764434180139
2026-07-01T14:13:14+08:00678.7817551963049
2026-07-01T14:17:06+08:00680.2387990762124
2026-07-01T14:17:09+08:00682.3796766743649
2026-07-01T14:17:23+08:00691.8254041570439
2026-07-01T14:17:26+08:00702.9570438799076
2026-07-01T14:22:10+08:00703.0653579676674
2026-07-01T14:22:12+08:00703.5242494226328
2026-07-01T14:25:02+08:00703.8203233256351
2026-07-01T14:25:04+08:00704.1332563510392
2026-07-01T14:29:20+08:00707.6390300230947
2026-07-01T14:33:36+08:00708.8168591224019
2026-07-01T15:09:33+08:00708.8757505773672
2026-07-01T15:11:44+08:00709.2159353348729
2026-07-01T15:12:52+08:00712.5713625866051
2026-07-01T15:15:45+08:00713.9431870669746
2026-07-01T15:17:34+08:00714.2709006928407
2026-07-01T15:19:34+08:00726.2570438799077
2026-07-01T16:15:10+08:00726.3120092378753
2026-07-01T16:16:26+08:00726.4655889145497
2026-07-01T16:17:57+08:00728.1177829099307
2026-07-01T16:20:27+08:00728.831870669746
2026-07-01T16:22:24+08:00743.6817551963048
2026-07-01T16:24:09+08:00744.1775981524249
2026-07-01T17:04:06+08:00744.1785219399538
2026-07-01T17:05:02+08:00744.671362586605
2026-07-01T17:06:38+08:00746.8734411085451
2026-07-01T17:09:46+08:00747.513856812933
2026-07-01T17:10:41+08:00756.0588914549653
2026-07-01T17:12:26+08:00756.3618937644342
2026-07-01T18:02:11+08:00756.4332563510393
2026-07-01T18:04:21+08:00756.8919168591224
2026-07-01T18:06:17+08:00757.1551963048499
2026-07-01T18:08:16+08:00759.276674364896
2026-07-01T18:09:22+08:00767.3367205542725
2026-07-01T18:10:53+08:00767.8193995381063
2026-07-01T18:15:21+08:00770.7715935334872
2026-07-01T20:54:56+08:00771.7535796766743
2026-07-01T20:58:12+08:00774.4471131639723
2026-07-01T20:59:41+08:00774.4655889145497
2026-07-01T21:01:34+08:00789.038337182448
2026-07-01T21:04:41+08:00789.8133949191686
2026-07-01T22:06:06+08:00790.7332563510392
2026-07-01T22:10:01+08:00794.2071593533487
2026-07-01T22:14:26+08:00810.2579676674364
2026-07-02T08:45:21+08:00813.3935334872979
2026-07-02T08:45:27+08:00822.2879907621248
2026-07-02T08:52:40+08:00904.6205542725173
2026-07-02T08:59:40+08:00904.6205542725173
2026-07-02T09:00:37+08:00910.3942263279446
2026-07-02T09:12:52+08:00910.730946882217
2026-07-02T09:18:56+08:00912.3565819861432
2026-07-02T09:27:18+08:00916.2630484988453
2026-07-02T09:29:23+08:00919.1401847575057
2026-07-02T09:33:31+08:00946.0224018475751
2026-07-02T09:49:53+08:00953.6240184757506
2026-07-02T10:12:36+08:00953.6240184757506
2026-07-02T10:14:19+08:00957.7066974595843
2026-07-02T10:17:25+08:00958.0538106235566
2026-07-02T10:19:31+08:00958.1180138568129
2026-07-02T10:21:25+08:00958.9826789838337
2026-07-02T10:26:02+08:001002.6316397228637
2026-07-02T11:10:20+08:001003.9741339491917
2026-07-02T11:11:48+08:001004.8944572748268
2026-07-02T11:14:12+08:001009.2969976905312
2026-07-02T11:15:36+08:001047.9344110854504
2026-07-02T11:17:17+08:001047.8519630484989
2026-07-02T11:19:10+08:001048.8173210161663
2026-07-02T11:54:29+08:001053.436258660508
2026-07-02T12:11:29+08:001053.501154734411
2026-07-02T12:15:12+08:001053.3921478060047
2026-07-02T12:17:04+08:001056.4808314087759
2026-07-02T12:20:37+08:001059.0096997690532
2026-07-02T12:21:29+08:001091.6193995381063
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2026-07-02T13:43:26+08:001094.2676674364895
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2026-07-03T08:48:54+08:002282.409237875289
2026-07-03T09:01:17+08:002299.7302540415703
2026-07-03T09:02:12+08:002306.894688221709
2026-07-03T09:07:22+08:002311.983833718245
2026-07-03T09:10:08+08:002331.252424942263
2026-07-03T09:12:53+08:002345.1214780600462
2026-07-03T09:14:58+08:002484.982909930716
2026-07-03T09:17:56+08:002532.387297921478
2026-07-03T09:40:38+08:002537.0062355658197
2026-07-03T10:16:42+08:002567.4016166281754
2026-07-03T10:20:53+08:002950.958198614319
2026-07-03T10:27:17+08:002952.983140877598
2026-07-03T11:13:57+08:002958.312702078522
2026-07-03T11:21:53+08:003348.75
TradeGo forecast multiple
TimeMultiple
Broker margin funds trend
TimeBrokerMargin funds
Pool A α=
Allocation Strategy Coefficient α
Allocation Strategy Coefficient
Reflects the issuer's allocation preference across different subscription sizes.
α → 0  Per-capita allocation — every allottee receives the same number of shares, regardless of lots subscribed.
α → 1  Proportional allocation — the more lots subscribed, the more shares allotted.
Historical α range (P10–P90): Pool A 0.3–0.9, Pool B 0.4–1.0
0.52
Pool B α=
Allocation Strategy Coefficient α
Allocation Strategy Coefficient
Reflects the issuer's allocation preference across different subscription sizes.
α → 0  Per-capita allocation — every allottee receives the same number of shares, regardless of lots subscribed.
α → 1  Proportional allocation — the more lots subscribed, the more shares allotted.
Historical α range (P10–P90): Pool A 0.3–0.9, Pool B 0.4–1.0
0.62
This model does not support allocation strategy adjustment

Actual vs Predicted Comparison

Using the actual oversubscription ratio 4812.72x and current allocation strategy (Pool A α=0.523, Pool B α=0.623) as the baseline, comparing actual vs predicted expected allotment lots per tier

Lots Subscription Amount (HKD) Actual Expected Lots Predicted Expected Lots Error

LogoBasicsemi Allotment Prediction Matrix

Rows are subscription tiers, columns are different oversubscription ratios, values are expected allotment lots; green indicates guaranteed allotment (≥1 lot)

Pool A

Oversubscription
4319.9x
Allocation Strategy
α=
Allocation Strategy Coefficient α
Allocation Strategy Coefficient
Reflects the issuer's allocation preference across different subscription sizes.
α → 0  Per-capita allocation — every allottee receives the same number of shares, regardless of lots subscribed.
α → 1  Proportional allocation — the more lots subscribed, the more shares allotted.
Historical α range (P10–P90): Pool A 0.3–0.9, Pool B 0.4–1.0
0.52

Pool B

Oversubscription
4319.9x
Allocation Strategy
α=
Allocation Strategy Coefficient α
Allocation Strategy Coefficient
Reflects the issuer's allocation preference across different subscription sizes.
α → 0  Per-capita allocation — every allottee receives the same number of shares, regardless of lots subscribed.
α → 1  Proportional allocation — the more lots subscribed, the more shares allotted.
Historical α range (P10–P90): Pool A 0.3–0.9, Pool B 0.4–1.0
0.62
Offering Mechanism

18C

HKEX Listing Rule Chapter 18C for specialist technology companies. Mechanisms A and B do not apply. Initial allocation 5%, with clawback: 10x to below 50x → 10%, 50x or above → 20%. At least 50% of total offering shares must be taken up by independent pricing investors in the placing tranche.

Allocation Strategy Coefficient α

α is the issuer's allocation preference coefficient, describing the issuer's allocation tendency across subscription sizes. α ranges [0, 1].

  • α → 0: Per-capita allocation — regardless of lots subscribed, every allottee receives the same number of shares. More favorable to retail (small) applications.
  • α → 1: Proportional allocation — allotted shares are proportional to lots subscribed. More favorable to large applications.
  • Historical actual α range (P10–P90): Pool A 0.3–0.9, Pool B 0.4–1.0. α varies widely across IPOs, reflecting each issuer's allocation strategy.
Allotment Rate Definition

The "allotment rate" on this page follows the exact HKEX allotment results announcement definition: Allotment rate = total shares allotted to the tier ÷ total valid shares applied in the tier × 100%. This is the official HKEX standard and is fundamentally different from other definitions used elsewhere (e.g. "ratio of applicants who got allotted").

Expected Allotment Lots

Expected allotment lots = total shares allotted to the tier ÷ lot size ÷ number of applicants in the tier

Example: a tier with 50,000 total allotted shares, 100 shares per lot, and 500 applicants → expected allotment lots = 50,000 ÷ 100 ÷ 500 = 1.0 lots.

// About this page //

This page shows expected-lot forecasts for Basicsemi (09971): expected hit rate based on similar-IPO matching and Pool A/B capital-efficiency comparison.
The default oversubscription multiple follows the chain recent first-day return → participant count → average lots per participant → multiple, i.e. multiple = participants × average lots ÷ public-offer lots; participant count and average lots are anchored on the recent IPO median and adjusted by offering size, A+H status, H-share premium/discount, industry, concurrent IPOs, sponsor track record and recent HSI moves.
Early in the subscription window the default multiple relies on the model; as subscription progresses it blends in the margin multiple; near the deadline (roughly 90% through) it follows the margin multiple.
Hit-rate forecasts fit 10,897 allotment-tier records across 356 historical IPOs via regression and KNN similar-IPO matching, estimating expected lots per application tier and applying the allocation-strategy coefficient α (equal-per-person to proportional allocation).
Data sources: HKEXnews public-offer allotment result announcements, prospectuses and FINI announcements; margin data (margin multiple, TradeGo forecast multiple and broker breakdown) comes from 捷利交易宝 (TradeGo), where the margin multiple covers only reporting brokers and the TradeGo forecast multiple is a full-market extrapolation.
The margin multiple updates intraday in real time; the hit-rate model is refreshed as new IPO allotment data is ingested.

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Cibo — HK IPO Allotment Forecasts, Allottee Profiling & Stock Connect